New Delhi: The stock market opened with an increase on the first trading day of the week. The Bombay Stock Exchange (BSE) Sensex opened 40 points higher at 40,485 at the start of trading. However, the market broke down shortly. By 9.27 am, the Sensex had reached 40342 with a weakness of 103 points.
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The National Stock Exchange (NSE) Nifty also opened with a strength of 18 points at 11,939.10, but by 9.36 am, the Nifty had also fallen 14 points to 11,907. In the initial round, about 388 shares of BSE were seen rising and 206 declined. The top gainers include Zee Entertainment, Maruti Suzuki, Asian Paints, Hero Moto Corp, and Tata Steel, while the break-up stocks are Vodafone Idea, Bharti Infratel, Wipro, Axis Bank, IndusInd Bank, and ITC.
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On the last trading day of the previous week, the Sensex was down 334.44 points and closed at 40 thousand 445 points. On Monday, the rupee also declined. At the start of trading, the rupee opened at 71.29 against the dollar, losing 9 paise. The rupee was at 71.20 on Friday. On the other hand, the dollar saw strength. The dollar has strengthened due to the strength in the US job market.
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